Back-to-Back Listing News Came for This Altcoin! After Binance, Upbit Exchange Also Decided to List! Here Are the Details!

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Feb 11 2025

LAYER-1.422%

ORDER+0.86%

SXP-0.376%

Should l Buy LAYER?

Upbit Trading Announcement: Upbit has announced the listing of Solary (LAYER) for trading on KRW, BTC, and USDT markets, with deposit support starting on February 11. Initial trading will have restrictions such as limited order types and minimum sell price guidelines.
About Solary (LAYER): Solary is a re-staking network on Solana that enhances dApp network bandwidth through SOL staking, allowing users to stake SOL and receive sSOL for further delegation to improve transaction prioritization for specific applications.

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Technical Analysis for LAYER

Technical Sentiment Analysis for Solayer (LAYER) As of , Solayer (LAYER) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LAYER stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, LAYER is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Solayer (LAYER) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0163	0.0433	0.0677	0.0947	0.119	0.146	0.17
Fibonacci	0.0433	0.0629	0.0751	0.0947	0.114	0.126	0.146

About LAYER

Solayer is the first hardware-accelerated blockchain that offloads blockchain components onto programmable chips to target 1MM+ TPS and 100Gbps+ network bandwidth, enabling near-zero latency use cases. Solayer’s InfiniSVM architecture infinitely scales the SVM leveraging SDN, RDMA, and dedicated hardware like InfiniBand technology together with a multi-execution model to increase bandwidth and reduce latency.LAYER is the native governance token that is used for: Protocol upgrades, such as adding supported assets Treasury management, such as diversification Key ecosystem initiatives, such as grants

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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